Est. cap rate

0.8%

Assumed rent, all units

$6,100/mo

Units

2

Price per unit

$2,425,000

Est. annual NOI

$36,600

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,157 sqft

Lot size

8,276 sqft

Year built

1951

Stories

2

Garage spaces

0

Style

Mid Century Modern,Contemporary

Cooling

None

Pool

In Ground,Private,Heated

View

Coastline,Ocean,Catalina,White Water,Marina,Harbor,Panoramic

Status

Active

Days on market

154

MLS #

241961368

About this property

NEW LISTING AND SELLER MOTIVATED! Panoramic Ocean Views from this updated OCEANFRONT Duplex with a heated Pool and direct beach access to the sand on 24-hour Guard-Gated Beach Road. Situated on one of the larger lots in this exclusive community with over 8,276 sq.ft. Completely Remodeled 6 bedroom Pool home features high-end finishes, is fully furnished, and accommodates 13 guests comfortably (Upper 3 Bdrm + 2 Bath with Ocean View Deck rents for $20k/mo ($5,000-5,500 weekly with current short-term permit) and the Lower 3 Bdrm + 3 Baths with a Pool at rents for $11-15k/mo - making this 6 Bdrm + 5 Bath Beach a property that can be rented together or separately, generating up to $35,000+/mo. The nicely equipped and updated kitchens both have casual bar seating and are open to great room/living spaces with ample entertaining areas and sweeping ocean views. All six bedrooms are beautifully furnished, and baths all include a walk-in shower or tub/shower combination; there is convenient inside laundry for each unit. Enjoy a morning or evening walk along the sand, or step out to your private, Heated Pool with an Oceanfront Cabana. Hallmarks of the Beach Road community in Capistrano Beach include beachfront living and 24-hour gated entry with an attendant. Within a short bike ride are Dana Point Harbor and Lantern District shops and restaurants - currently undergoing a total revitalization - or venture just north of Dana Point to neighboring Laguna Beach with its world-renowned festivals, art galleries, shops, and restaurants! Property features direct beach access down private stairs. The expansive lot and multi-family zoning provide for a two-family compound investment, live in one and rent the other, or rent both units for lucrative passive investment opportunities!

Location

35091 Beach Road

Dana Point, Orange, CA, 92624